A standard form that closing agents give to mortgage loan borrowers on the date the real estate purchase closes, detailing all the costs associated with the closing. These costs include not only those arising from the loan itself, but others such as escrow fees, real estate agent commissions, homeowners' insurance, and transfer taxes.
Category: Real Estate & Rental Property

Nolo’s Plain-English Law Dictionary. . 2009.

Look at other dictionaries:

  • HUD–1 settlement statement — / həd wən / n [Department of H ousing and U rban D evelopment (which publishes the form) + 1 (indicating its place in a sequence of such forms)]: a form signed at closing that sets out expenses, disbursements, and adjustments relating to the… …   Law dictionary

  • HUD-1 Form — A form used by a settlement or closing agent itemizing all charges imposed on a borrower and seller in a real estate transaction. This form gives a picture of the closing transaction, and provides each party with a complete list of incoming and… …   Investment dictionary

  • hud — I hud 1. hud sb., en, i sms. hud , fx hudcelle, hudlæge II hud 2. hud sb., en, er, erne (dyrehud som handelsvare), i sms. hude , fx hudehandel, hudeopkøber …   Dansk ordbog

  • Hūd ibn Muḥakkam — (Version: Muḥkim) al Hawwārī, arabisch ‏ هود بن محكم الهواري‎, DMG Hūd ibn Muḥakkam al Hawwārī († in der zweiten Hälfte des 9. Jahrhunderts), war ein ibāḍitischer Koranexeget in Nordafrika. Über sein Leben ist kaum etwas bekannt. Es wird… …   Deutsch Wikipedia

  • HŪD — (1) In the Koran, Hūd is the collective noun for Jews (Sura 2:105, 129, 134, 62:6), and the root hwd in two forms denotes the belief in Judaism (Sura 2:59; 4:48; 158–60, and see Yahūd , Yahūd ). (2) The apostle Hūd was the earliest of the five… …   Encyclopedia of Judaism

  • HUD — [āch΄yo͞o΄dē′, hud] abbrev. 1. (Department of) Housing and Urban Development 2. head up display …   English World dictionary

  • hud- Ⅲ — *hud germ.?, Verb: nhd. gerinnen, schrumpfen; ne. coagulate, shrivel; Rekontruktionsbasis: afries.; Etymologie: unbekannt; Weiterleben: afries. hot t a (2) 1?, schwach. Verb (1), g …   Germanisches Wörterbuch

  • hud — “husk of a seed,” late 14c., of uncertain origin; perhaps related to HOOD (Cf. hood) (n.1) …   Etymology dictionary

  • HUD — 1. Department of Housing and Urban Development Contributor: CASI 2. Head Up Display Contributor: CASI 3. Head Up Display Contributor: LaRC …   NASA Acronyms

  • HUD USER — In 1978, the U.S. Department of Housing and Urban Development s (HUD s) Office of Policy Development and Research (PD R) established HUD USER, an information source for housing and community development researchers, academics, policymakers, and… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”